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Retirement tax questions

Video Guide on Entering Qualified Charitable Distributions (QCDs) for the 2025 Tax Year

If you are aged 70 1/2 or older, a Qualified Charitable Distribution (QCD) offers a powerful way to reduce your taxable income while supporting your favorite charities. A QCD is a transfer of funds made directly from your IRA (excluding active SEP or... read more

Retirement Video Guide 2025: Entering Your Required Minimum Distribution (RMD)

The Required Minimum Distribution (RMD) is the mandatory amount that must be withdrawn from most retirement accounts each year. If you turned 73 in 2024 or earlier, understanding these rules and accurately reporting the income on your 2025 tax return... read more

Traditional IRA vs. ROTH IRA: Which is better?

Which is better depends on your financial goals, income, and tax situation. While nobody can predict future tax laws, we have a fairly good understanding that more income usually means higher tax rates. For tax planning you should consider your curre... read more

Retirement Plans: Taxing Distributions!

Is it time to retire? You’ve worked your whole life - setting aside some of your hard-earned dollars to ensure a comfortable retirement. Now it’s time to reap the benefits of your savings! Know your options and gather the knowledge to reduce taxes, e... read more

Retirement Plans: Tax Savings Galore!

The best place to begin your retirement tax savings is with expert knowledge! You’ll find that in the The Golden Years Guide to Tax-Free Retirement, which is filled with great tips from financial experts in-the-know. Most people are familiar with a 4... read more

QCD with inherited IRA (box 7 is 4 )

I am using Turbo Tax Online. I am 73 and I have an inherited IRA from my mother who died in 2024. I donated the RMD directly to charity and have proper receipt from the charity. In 2024 I also donated the first RMD directly to charity and it was corr... read more

RETIRED FROM CORRECTIONS AS A SECURITY OFF i HAVE 1099R BUT ITS FROM TEACHERS AND STATE EMP WHERE DO I ENTER THIS ON W2 IVE ALWAYS ENTERED IT W/ MY W2S FROM OTHER JOB?

How can I correct the SS benefits taxable in my 1040-SR?

SSA tax expert told me I have to correct my and my wife's SS benefits of our 1040_SR form to a taxable income.

why is my IRA rollover being taxed

I rolled over 401K IRA to traditional IRA. What am I being taxed

Social Security Benefit Line item 6b was calculated a $0. IRS disagrees. Is there a problem with TurboTax calculation or with IRS calculation?

How is Social Security Benefit taxable amount calculated?

My W-2 doesn't have a "Social Security wages" box and the Box 3 on my W-2 is listed as capital gain. Is Social Security the same as Taxable Income?

Is "Social Security wages" box the same as "Taxable amount" box on my W-2?

why is my IRA rollover being taxed

I rolled over 401K IRA to traditional IRA. What am I being taxed

I need to amend my 2024 tax return to include the Traditional IRA contribution for my backdoor ROTH. When I click amend on the website, there is no 1040-x generated

I over paid taxes in 2024 and when I make my updates it drops my owed amount from $5000 down to $3000, but it still says I owe $3000 rather than getting a reimbursement for over paying by $2000. I also do not see that a 1040-x is being generated.

How do I get Intuit Turbotax to file my taxes for 2025. It automatically thinks I'm trying to do my taxes for 2024. THanks.

This answer has been verified for accuracy by an Intuit expert employee 401k was designated Roth. I entered B2 on my 1099-R form. It asks if this is a Roth IRA, I answered no but it looks like it taxes me again. Am I being double taxed?

401k funds designated roth but not roth IRA. If I say it is not from a Roth IRA, am I being double taxed?

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Featured Topics

Video Guide on Entering Qualified Charitable Distributions (QCDs) for the 2025 Tax Year

Retirement Video Guide 2025: Entering Your Required Minimum Distribution (RMD)

Traditional IRA vs. ROTH IRA: Which is better?

Retirement Plans: Taxing Distributions!

Retirement Plans: Tax Savings Galore!

QCD with inherited IRA (box 7 is 4 )

RETIRED FROM CORRECTIONS AS A SECURITY OFF i HAVE 1099R BUT ITS FROM TEACHERS AND STATE EMP WHERE DO I ENTER THIS ON W2 IVE ALWAYS ENTERED IT W/ MY W2S FROM OTHER JOB?

How can I correct the SS benefits taxable in my 1040-SR?

why is my IRA rollover being taxed

Social Security Benefit Line item 6b was calculated a $0. IRS disagrees. Is there a problem with TurboTax calculation or with IRS calculation?

My W-2 doesn't have a "Social Security wages" box and the Box 3 on my W-2 is listed as capital gain. Is Social Security the same as Taxable Income?

why is my IRA rollover being taxed

I need to amend my 2024 tax return to include the Traditional IRA contribution for my backdoor ROTH. When I click amend on the website, there is no 1040-x generated

How do I get Intuit Turbotax to file my taxes for 2025. It automatically thinks I'm trying to do my taxes for 2024. THanks.

This answer has been verified for accuracy by an Intuit expert employee 401k was designated Roth. I entered B2 on my 1099-R form. It asks if this is a Roth IRA, I answered no but it looks like it taxes me again. Am I being double taxed?

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Featured Topics

This answer has been verified for accuracy by an Intuit expert employee 401k was designated Roth. I entered B2 on my 1099-R form. It asks if this is a Roth IRA, I answered no but it looks like it taxes me again. Am I being double taxed?

Unlock tailored help options in your account.

Get more help

Ready to start your taxes?